tci General Surgery Coding Alert - 2013 Issue 3

News You Can Use: You're Saved From 26.5 Percent Physician Pay Cut

But RVU changes still in effect. General surgeons can expect a reprieve from the dreaded 2013 pay cut to the Medicare Physician Fee Schedule (PFS). Congress voted to halt the 26.5 percent rate cut that was tied to the sustainable grown rate (SGR) formula. In addition to freezing Medicare payment rates at the 2012 level through Dec. 31, 2013, the bill also defers the automatic 2 percent across-the-board sequestration cuts for two months. The new 2013 conversion factor is $34.0230. Reactions Mixed Although medical associations were relieved about the continuing Medicare payments for 2013, they lamented the...

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